Discover the pulse of the real estate market in the Halton Region of Ontario, Canada by clicking the housing market link in this story. Whether you're curious about Burlington's bustling market, Milton's burgeoning neighborhoods, or Oakville's sought-after communities, delve into detailed insights, trends, and expert analysis that will empower your decision-making process.
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Housing Statistics for June 2024
Milton, Ontario
- Average Home Price: CAD $1.1 million
- Median Home Price: CAD $1.1 million
- Price Growth: 1.5%
- Days on Market: 19 days
- Turnover Rate: 12.2%
Milton's housing market remains stable with modest price growth. Homes typically sell within 19 days, and the turnover rate indicates a steady market.
Burlington, Ontario
- Average Home Price: CAD $1.2 million
- Median Home Price: CAD $1.15 million
- Price Growth: 2%
- Days on Market: 21 days
- Turnover Rate: 15%
Burlington's market shows moderate activity with slight price growth and homes selling within 21 days on average. The turnover rate suggests a healthy market environment.
Oakville, Ontario
- Average Home Price: CAD $1.36 million
- Median Home Price: CAD $1.3 million
- Price Growth: -8.8%
- Days on Market: 19 days
- Turnover Rate: 8.3%
Oakville's market experienced a price decrease over the past year. Despite this, homes still sell relatively quickly, staying on the market for about 19 days. The turnover rate is the lowest among the three cities, indicating fewer homes changing hands.